Apple Acquires Artificial Intelligence Firm Turi

It is learnt that Apple has acquired Seattle based artificial intelligence firm Turi. Though there has been no official announcement neither about the acquisition nor the financials from the involved companies, reports estimated the deal to be around $200 million. “Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans,” said Apple in a statement when contacted by GeekWire, a news portal that broke the news. If this is correct then its big enough a value for the tiny startup founded by Carlos Guestrin, a professor of artificial intelligence at the University of Washington. According to GeekWire, post acquisition by Apple Turi’s small team would remain at Seattle and continue to build solutions based on machine learning, data science and artificial…